Indices under pressure as Nifty slips below 10,300; NBFC stocks down 3-15%

Capitalstars, SEBI Registered ,Financial advisory company,Stock Tips, Share Tips, Commodity Tips
Capitalstars Financial Research Pvt. Ltd.

Indian Indices: 
                                         The benchmark indices are regain some ground buy still under pressure with Nifty trading below 10,350 mark, while Sensex is down 300 points.After a flat opening Indian rupee is trading higher by 10 paise at 73.50 per dollar against Wednesday's close 73.60.Shares of Dilip Buildcon touched 52-week low of Rs 447.65, but gained nearly 5 percent intraday Friday as broking house Citi maintained buy with a potential upside of 107 percent. Citi cut target price to Rs 966 from Rs 1,271 per share.

Global Market:

Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 1.09% while the Hang Seng is down 0.25%. The Shanghai Composite is not trading.

US Markets: Dow ends more than 300 points lower on worries about global growth, interest rates.

European markets: European markets finished broadly lower today with shares in Germany leading the region. The DAX is down 1.07% while France's CAC 40 is off 0.55% and London's FTSE 100 is lower by 0.39%.

Major Headlines of the day:

  RIL Q2 profit up 0.6% QoQ, GRM at $9.50/bbl; to buy controlling stake in Hathway Cable, DEN.
  Brokerages estimate UltraTech's Q2 profit in range of Rs 430-520 cr, volume growth key.
  Asia shares extend slump as global sentiment sours.
  Results to be announced today :- ICICI Securities,SBI Life Insura,UltraTechCement.

Trend in FII flows:-  The FIIs were Net Value of Rs  140.02 segment while the DIIs were Net Value of  -343.11 per the provisional figures.

Securities in Ban For Trade Date 19-OCTOBER-2018
1.Dhfl
2.Adanipower
3.Jetairways.

CapitalStars Financial Research                     Forex trading tips                                                                                                        stock market tips                                                                                                                 Share Tips Expert 
  
Get free trial Click here: http://www.capitalstars.com/free-trial 



www.capitalstars.com |T:+91-9977499927

No comments:

Post a Comment